Oil & gas news

The combined value of the two contracts is approximately US$65 million.

The environmental impact statement analyses the potential impacts of a representative oil and gas lease sale and post-lease issuance activities in available areas of the Gulf of America.

The West Gemini secured a contract with Sonangol Exploração & Produção, S.A. for work in Angola with an estimated duration of 284 days, expected to begin in late 2025 or early 2026.

Equinor and partners have struck oil and gas in the Fram area, nine kilometres north of the Troll field in the North Sea.

The first CO2 volumes have now been injected and successfully stored in the reservoir 2600 m under the seabed.

Serica Energy plc has announced the first lifting of oil from the Triton FPSO since the resumption of production is underway.

This transformational acquisition marks Kent’s strategic expansion in the fast-growing global decommissioning market, delivering on its aim to become a full-service partner across the energy lifecycle, including late-life operations through to the safe and successful decommissioning of customer assets.

Oil and gas exploration and production company Indonesia Energy Corp. (IEC) has entered into a memorandum of understanding (MoU) with Brazil's Aguila Energia e Participações (AEP) to explore potential energy opportunities in Brazil.

US-based offshore energy services company Helix Energy Solutions Group has secured a multi-year contract to deliver production enhancement and well abandonment services in the Gulf of Mexico, beginning in 2026.

Jafurah is the largest non-associated gas development in the Kingdom of Saudi Arabia, estimated to contain 229 trillion ft3 of raw gas and 75 billion bbls of condensate.